Is 64862, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 64862 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 64862 was a Seller's Market.

Key Takeaway

64862 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 64862, MO

How much do homes in 64862, MO cost?

Median Sold Price

$50,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$25,000(-33.3%)

Key Takeaway

Homes in 64862 have sold for 33.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$50K
N/A
3 $75K-
N/A
4 --
N/A
5+ --
N/A

Summary: 64862 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 64862, MO

How many homes are available in 64862, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The 64862 real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 42
-50.0%
4 02
+100.0%
5+ 01
+100.0%

Summary: The 64862 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 64862, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 64862 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 64862, MO

How long does it take to sell a home in 64862, MO?

Average Sale Time

Sep 2024Oct 2024CHANGE
26 Days149 Days+473.1%

Summary: Homes in 64862 had an average of 149 days on market in Oct 2024, up by 473.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 64862 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in 64862; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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